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sandoz plans four biosimilar launches and reports significant sales growth

Sandoz, a global leader in generic and biosimilar medicines, reported over 30% sales growth in the first nine months of 2024, driven by its industry-leading pipeline of 28 biosimilars. The company plans to launch four biosimilars in 2025 and aims to capitalize on a significant market opportunity with over USD 400 billion in reference medicines losing exclusivity from 2029 to 2034. Sandoz is strategically positioned to enhance its market presence, particularly in the US biosimilars sector.
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United States Dollar Sandoz Group AG CHE Laurent De Weck Chris Lewis Richard Saynor Tamara Hackl Jörg Allgäuer Show more
Finance & Economy, Press Release
07:00 14.01.2025

Sandoz settles US antitrust litigation for 275 million dollars

Sandoz has entered a settlement agreement for USD 275 million with the end payer plaintiffs in the US Generic Drug Antitrust Class Action Litigation, resolving claims from 2009 to 2019 without admitting wrongdoing. A provision of USD 265 million has also been set aside for outstanding claims, with no impact on the company's 2024 guidance. The settlement is subject to court approval, and Sandoz continues to defend against remaining antitrust claims.
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United States Dollar CHE USA CAN Jörg Allgäuer Laurent De Weck Show more
Regulatory & Legal, Press Release
08:10 17.12.2024
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